What is a market order?

February 04, 2019 08:06

Updated

A market order is a buy or sell order that is to be executed at the current market price. As long as there is sufficient liquidity the order will fill. We would advise only using a market order when having the order filled is more important than the price you will get, however we urge you to be careful when trading large market orders due to price slippage. To read about price slippage please view our dedicated FAQ here.